Overview
- NextNRG shares climbed to about $0.53 in premarket trading Monday, up roughly 91–92%, after the company topped first‑quarter estimates.
- Revenue reached $21.1 million versus the $18.1 million consensus, a 29% year-over-year gain led by higher fuel delivery volumes and better per-gallon pricing.
- Gross profit rose to $1.7 million and gross margin improved to 8.1% from 3.2% thanks to optimized delivery routes and stronger fleet use.
- Losses narrowed, with adjusted EBITDA at a $1.16 million loss and EPS at a $0.07 loss that beat the expected $0.08 loss.
- Cash stood at just $208,048 as of March 31, 2026, raising the odds the company will need fresh funding despite better operating trends.